China Airlines reports profits in 2010

China Airlines revenue up 41% - financial highlights for the 12 months ended 31-Dec-2010:

• Operating revenue*: USD4698 million, +40.8% year-on-year;
• Operating costs: USD3862 million, +24.6%;
• Operating expenses: USD334.0 million, +13.4%;
• Operating profit: USD502.2 million, compared to a loss of USD57.7 million in p-c-p;
• Net profit: USD361.3 million, compared to a loss of USD129.4 million in p-c-p;
• Total assets: USD6908 million, -4.0%;
• Cash and cash equivalents: USD367.2 million, +95.3%;
• Total liabilities: USD5253 million, -9.4%.

*Based on the conversion rate USD1 = TWD29.402